FTX and Bybit reach a settlement

The bankruptcy estate administrator of FTX has reached a settlement agreement of $228 million with Bybit exchange. According to legal documents dated October 24th, this settlement stems from a lawsuit filed by the FTX estate administrator in 2023, aimed at recovering funds to repay past customers and creditors.

According to legal documents, the settlement agreement will allow FTX to extract $175 million in digital assets held on Bybit and sell approximately $53 million in BIT tokens to Mirana Corp, the investment arm of Bybit exchange. FTX's lawyer pointed out that although the claim has legal basis, continuing the litigation will be very cumbersome:

The plaintiff's claims regarding return, violation of automatic protection orders, fraud, and priority transfer are disputed and carry certain risks, and continuing the litigation will be time-consuming and expensive

The settlement agreement still requires court approval, and both parties are scheduled to hold a hearing on November 20, 2024 at 2 pm Eastern Time to confirm the agreement.

FTX bankruptcy estate administrator sues Bybit

FTX initially filed a $1 billion lawsuit against Bybit and Mirana in November 2023, accusing these entities of using "VIP" channels and close relationships with FTX executives to quickly extract approximately $327 million in digital assets and cash before FTX ultimately collapsed.

The lawyer for the bankruptcy estate administrator of FTX pointed out that Mirana and other personnel were granted priority withdrawal privileges by the FTX team during the early stages of FTX's collapse, and these withdrawal records were tracked in a database.

When will FTX repay?

FTX's repayment plan was approved earlier this month, designating at least $12.6 billion for distribution to creditors. The payment will begin within 60 days after the effective date, but the date is still to be determined.

(责任编辑：汇率)

• ·Farcaster生态新动态：品牌重塑、Pro订阅与多链集成引领未来
• ·以太坊能否重现2019年对比特币的超越？数据暗示可能性，但阻力犹存
• ·国际比特币每日行情
• ·e火币
• ·股票理论书-股票理论书籍推荐
• ·以太币怎么挖怎么赚钱 以太币怎么挖?
• ·哈萨克斯坦将通过持牌交易所推动加密货币交易全面合法化
• ·比特币价格平台
• ·莱特比特币行情价格-莱特比特币行情价格最新
• ·应付账款总账期末余额怎么算
• ·无套牢盘股票-无套牢盘股票大涨
• ·货币交易所审查
• ·加密早报： Fractal Bitcoin 主网已上线，APT、XAI、RENDER 等多个代币本周迎来大额解锁
• ·有待抵扣税没有库存怎么办
• ·Alphabet推出高端AI订阅服务“AI Ultra”每月249.99美元
• ·公司自己员工演出费用入什么费用